Specialist IPD funds
Specialist IPD funds
- 1999
- Property Week 1 April 1999, 15(1) .
'Specialist' operators were the best-performing IPD fund type last year for the fourth year in a row. They generated average ungeared returns of 14% compared with the IPD benchmark return of 12.2%. IPD funds represent 90% of the institutional market and last year had a net investment of £4.7bn. The three main property sectors gave similar returns. Chart.
INSTITUTIONAL INVESTMENT
IPD
LIFE FUNDS
PENSION FUNDS
PROPERTY RETURNS
SHORT-TERM FUNDS
SPECIALIST FUNDS
'Specialist' operators were the best-performing IPD fund type last year for the fourth year in a row. They generated average ungeared returns of 14% compared with the IPD benchmark return of 12.2%. IPD funds represent 90% of the institutional market and last year had a net investment of £4.7bn. The three main property sectors gave similar returns. Chart.
INSTITUTIONAL INVESTMENT
IPD
LIFE FUNDS
PENSION FUNDS
PROPERTY RETURNS
SHORT-TERM FUNDS
SPECIALIST FUNDS